Owning shit isn't working. Why is this controversial?
Because the right wing media wants it to be. The answer is simple.
Cool if owning property is work. Let's abolish capital gains tax and charge it as income.
Because at the end of it. That is what the telegraph etc is saying. They are trying to argue Starmer agreed to hold all taxes when the manifesto clearly stated working taxes.
Cool call their bluff all capital gains is now charged as income tax.
Ain't capitalism grand.
Well no other system would sell a waxing kit to a yeti.
So I spose its...... unique
Nor does capitalism to be fair...
It's certainly... something.
As a landlord (I own two properties) and as someone who also works full time I agree with him.
It may take up some time but ultimately it's an investment.
Landlords like myself aren't (typically) struggling, so we should pay more tax, especially now as the country needs it. I am proud to say I don't tax dodge and pay what I owe. But unfortunately there are many loopholes that can be exploited to avoid paying tax. Just a few weeks ago someone was telling me how I should put my properties under a LTD company to avoid paying tax (I didn't and won't). I hope the Labour government does more to close these loopholes for tax dodgers.
Thank you.
I dont often agree with this Tory in disguise, but in this case he's right.
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